1. The client acceptance process can be quite complex. Discuss five procedures an auditor should perform in determining whether to accept a client. Which of these five are required by auditing standards and identify the applicable standards? 1. Obtain an understanding of the client ’s business and operations. Consideration should be given to reading available financial information regarding the prospective client such as annual reports‚ registration statements‚ Forms 10-K‚ other reports to regulatory
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had control over operations of their national carriers and bilateral agreements between states meant that full-fledged airlines could operate without facing any competition at all. With the reform in airline licensing and access to air routes highlighted in the report[1] of the Pacific Economic Cooperation Council (PECC) conference‚ new rules meant intra-Asian open skies and relaxation of ownership rules. This in turn led to the boom of low-cost carriers in the region. With the skies now clear of restrictions
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The essay “Caught in the net” written by Eva Tihanyi is an essay describing internet users. The thesis in Eva’s essay is “For some‚ the Net is a reliable companion‚ twenty-four hours a day‚ seven days a week—one that never sleeps. For others‚ it simply provides easy access to a vast array of data”. There are certain people that use the internet as a education tool and a way to stay connect to the world; but there is also people who abuse it and take advantage of the internet which in turn takes
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titled “Net Neutrality” that appeared in the New York Times on Dec. 22‚ 2010. The idea of net neutrality is that ISPs should treat all data equally. Some ISPs‚ such as AT&T and Comcast‚ favor a different stance that would restrict consumer’s access to content and charge a consumer more based on their level of usage. This issue has heated up in the past decade as the need for bandwidth has steadily increased due to more internet users and the advent of streaming video and audio. Net neutrality
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intensive advertising. Through internet the concept of “Net neutrality” derives. Net neutrality is an internet based problem that not many people are aware of. Net neutrality means that there should be no restrictions on accessing internet sites by internet provider or governments. The deontologist position regarding net neutrality would be to allow access to all sites and their content without any restrictions and a utilitarian position regarding net neutrality would be to restrict sites and their content
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video clip titled the warriors of the net also known as the dawn of the net‚ give answer to my questions. Because the video were discussing clearly‚ systematically‚ and easily the cycle of information we are working within a computer network. The characters involved on that movie are the data circulating inside a network which are the TCP packet‚ ICMP ping packet‚ UDP packet‚ router‚ ping of death‚ router switch‚ network routes ‚ firewall and of course the net and they are being animated so that the
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1M in net profit by 2015. The goal can be reached ONLY by changing and adapting the menu to a vegetarian one. Some loyal customers will be lost‚ because the veal cutlet sandwich will basically disappear from the menu by 2015. Nevertheless contribution margin is increased by giving advantage to products that have more contribution margin per limited resource. Analysis shows that vegetarian sandwiches are the future key success factors for the restaurants. Livoria cannot reach the 1.1M in net profit
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Summary for Legends on the net by Fernback Legends on the net by Jan Fernback‚ he argues that the oral cultural has been changed from past to contemporary. He says that‚ orality and literacy becomes less important because of human develop the cyberspace. Today‚ in our society people need to use internet because we are using it everywhere and it becomes part of our culture. In addition‚ the author says that‚ oral tradition has been warning for community living. Fernaback agues that‚ urban legend
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Seas and oceans provide various types of resources to human beings and habitats to numerous species of plants and animals. They play very important roles in the economy of a nation and its people. Still‚ the marine and coastal ecosystems are under severe stress due to human activities. Ocean Resources The ocean is one of Earth ’s most valuable natural resources. It provides food in the form of fish and shellfish—about 200 billion pounds are caught each year. It ’s used for transportation—both travel
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Low-Cost Carrier A low-cost carrier or low-cost airline (also known as a no-frills‚ discount or budget carrier or airline or cheap flight) is an airline that generally has lower fares and fewer comforts. To make up for revenue lost in decreased ticket prices‚ the airline may charge for extras like food‚ priority boarding‚ seat allocating‚ and baggage etc. The term originated within the airline industry referring to airlines with a lower operating cost structure than their competitors. While the
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